930 Cloverland DrIronwood, MI 49938

Property Details for 930 Cloverland Dr

Lot size

1.08 AC

Property size (Sq ft)

6,160 SF

Zone code

C-3

Property type

Retail properties

Property subtype

Auto shops

APN

52-14-361-070

APU

5214361070

Description

This exceptional commercial property, located at 930 E Cloverland Dr in Ironwood, Michigan (49938), presents a lucrative investment opportunity. The 5,400-6,160 square foot building, constructed in 2003, sits on a 1.08-acre lot and boasts a prime highway location on US-2, ensuring high visibility and accessibility. The property features four units, two currently occupied by long-term tenants. One unit is configured as an event center with a recently remodeled kitchen and dining area, easily adaptable to restaurant use. A smaller garage/storage area with an overhead door is located at the rear. All units benefit from ample paved parking and attractive vestibules. A large marquee sign provides excellent highway visibility, and the easternmost unit includes a drive-through service window. The property also includes a substantial parking lot and a separate outbuilding (available for separate sale). The building features central A/C and forced-air heating, along with amenities such as meeting rooms, public restrooms, and a cafe/kitchen. The property is zoned commercial and has 21 parking spaces. The asking price is $449,000, with a land value of $72-$83 per square foot. Utilities include natural gas. This property offers significant potential for rental income or owner-operator use. The APN is 52-14-361-070.

Location Insight

City

Ironwood

County

Gogebic

State

Michigan

Latitude

46.4638

Longitude

-90.1533

Property Tax & Assessments

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